In light of recent concerns surrounding some Multichain assets, we have taken swift action to ensure the safety and integrity of
07 Jul 2023, 08:45
In light of recent concerns surrounding some Multichain assets, we have taken swift action to ensure the safety and integrity of our platform and our users' investments. Effective immediately, we have blacklisted the following due to potential safety issues:
sAMM multiBTC-BTC
vAMM multiBTC-WBNB
multiBTC token
We strongly urge our users to withdraw liquidity from these multiBTC pools as soon as possible for their own asset safety.
Please note, some of our partners have tokens that utilize the Multichain bridge. We are actively collaborating with them to facilitate a smooth migration to safer and more robust solutions. We thank you for your understanding and patience.
We are aware that the wUSDR/DOLA pool is currently heavily imbalanced. We'll be working with Tangible to help rebalance it. DOLA itself is currently pegged.
In spite of these challenges, our cross-chain swap feature, powered by Squid Router and Axelar, remains fully operational. This resiliency is a testament to Axelar's robust, truly interoperable infrastructure. Even as other bridges have temporarily paused, our cross-chain capabilities remain strong and reliable.